Updated weekly

Cave Creek Real Estate Market

Weekly Housing Trends & Home Prices

Track Cave Creek real estate with weekly inventory, new listings, contracts, prices and days on market from ARMLS data.

Cave Creek Real Estate Market This Week

This report tracks single-family and residential listings in the Town of Cave Creek each week, with a closer look at the luxury segment.

Week ending October 25, 2026 · Single-family and residential listings, Cave Creek

235Active homes for sale• 0.0% vs. prior week
16New listings this week▼ -15.8% vs. prior week
21Under contract this week▲ +75.0% vs. prior week
7Closed sales this week▲ +40.0% vs. prior week
$975,000Median asking price▼ -2.3% vs. prior week
$900,000Median sold price (30 days)▲ +3.6% vs. prior week
70 daysMedian days to contract▲ +26 days vs. prior week
24Price reductions this week▼ -7.7% vs. prior week

Cave Creek had 235 homes for sale this week, with 16 new listings and 21 homes going under contract. 7 homes closed, and 24 active listings reduced their price. Over the last 30 days, the median sold price was $900,000 and homes took a median of 70 days to go under contract. More homes went under contract than were newly listed, which can tighten available inventory.

Cave Creek Market Indicators

This week compared with the prior week.

Market indicatorThis weekChange
Active homes for sale235• 0.0% vs. prior week
New listings this week16▼ -15.8% vs. prior week
Homes going under contract this week21▲ +75.0% vs. prior week
Closed sales this week7▲ +40.0% vs. prior week
Median asking price$975,000▼ -2.3% vs. prior week
Median sold price (last 30 days)$900,000▲ +3.6% vs. prior week
Median days to contract (last 30 days)70 days▲ +26 days vs. prior week
Price reductions this week24▼ -7.7% vs. prior week

Cave Creek Luxury Market

Active luxury homes and homes going under contract this week, by price range.

Price rangeActive listingsUnder contract this week
$1M – $2M709
$2M – $3M260
$3M – $5M90
$5M+70

Cave Creek had 112 active homes priced at $1 million and up this week, and 9 of them went under contract. Higher price ranges usually have fewer buyers, so homes there tend to take longer to sell.

Cave Creek Monthly Housing Market Trends

Monthly figures reported by Flexmls for Cave Creek single-family and residential listings.

MonthActive listingsNew listingsPendingSoldMedian askingMedian soldAvg. days on market
Sep 2026216952248$975,000$1,042,500100
Aug 2026199524337$999,999$865,00086
Jul 2026225444047$1,000,000$867,00081
Jun 2026252674563$1,125,000$960,00088
May 2026258766961$1,176,874$810,00076
Apr 20262811075762$1,195,000$863,50091
View monthly market charts

Monthly Inventory

Cave Creek inventory

  • 246,244,234,245,253,260,281,258,252,225,199,216
  • 49,61,48,48,55,55,62,61,63,47,37,48

    • Information is deemed to be reliable, but is not guaranteed. © 2026

    Median Asking and Sold Prices

    Cave Creek median prices

    • 936000.00,977000.00,1077500.00,1099000.00,1200000.00,1200000.00,1195000.00,1176874.00,1125000.00,1000000.00,999999.00,975000.00
    • 822000.00,810000.00,818000.00,866500.00,740000.00,860000.00,863500.00,810000.00,960000.00,867000.00,865000.00,1042500.00

      • Information is deemed to be reliable, but is not guaranteed. © 2026

      Days on Market

      Cave Creek days on market

      • 99.9,114.2,66.3,94.6,83.1,91.9,92.9,77.6,100.0,83.5,88.4,106.7
    • 97.5,111.0,67.1,88.0,80.5,87.0,90.6,75.6,88.0,80.5,86.0,100.0

      • Information is deemed to be reliable, but is not guaranteed. © 2026

      Is Cave Creek a Buyer’s or Seller’s Market?

      It depends on the property type and price range. A buyer’s market generally occurs when inventory exceeds demand, giving buyers more options and negotiating room. A seller’s market develops when inventory is limited relative to demand. In Cave Creek, a well-priced home in Tatum Ranch may draw strong interest while a custom home on acreage takes longer to find the right buyer, because each segment has a different buyer pool.

      Should I Buy or Sell in Cave Creek Right Now?

      For buyers, current inventory, competing listings, financing costs and negotiating opportunities matter most. For sellers, start with a review of competing homes, recent comparable sales, buyer demand and your home’s condition and pricing. The most useful question is how current conditions affect your specific home and neighborhood.

      Cave Creek Real Estate Market FAQs

      What is the current median home price in Cave Creek?

      It changes with the reporting period and property type. The weekly numbers above show the current median asking price and the median sold price over the last 30 days, and the monthly table shows longer-term trends.

      How many homes are for sale in Cave Creek right now?

      The number of active listings changes daily. This report shows an updated weekly count from ARMLS data for single-family and residential listings with a Cave Creek city designation.

      Is Cave Creek a buyer’s or seller’s market?

      It depends on property type and price range. Homes in established neighborhoods like Tatum Ranch can behave very differently from acreage, horse properties and custom homes, so compare inventory and days to contract for the type of home you are buying or selling.

      Are Cave Creek home prices going up or down?

      Trends vary by neighborhood, lot size and price range. A change in median sold price can reflect the mix of homes that closed rather than a change in every home’s value.

      How long does it take to sell a home in Cave Creek?

      It depends on condition, pricing, land, views and competition. See the median days to contract above for current conditions.

      Can I find horse property in Cave Creek?

      Yes. Parts of Cave Creek have Desert Rural zoning where horses may be allowed. Always verify zoning, HOA and deed restrictions, and the property’s facilities before buying.

      Featured Market Resources

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      Data source: Arizona Regional Multiple Listing Service (ARMLS) via Flexmls. Weekly figures cover the 7 days ending on the date shown; median sold price and days to contract use the last 30 days of closed sales. Figures come from listings available to our website and may differ slightly from official MLS reports.

      Local guide

      Cave Creek Real Estate Market: What to Know

      The Cave Creek market changes every week, so fresh numbers matter. This report tracks listings, contracts, prices and days on market. As a result, buyers and sellers can make better decisions.

      Cave Creek neighborhood homes spread across the desert

      How to Read the Cave Creek Market Numbers

      First, look at active listings. This number shows how many homes buyers can choose from. Then compare new listings with homes going under contract. For example, more contracts than new listings can mean a tighter market.

      Prices and Days on Market

      Median prices show the middle of the market. However, a single week can swing because of the mix of homes that sold. Therefore, it helps to watch the trend over several weeks. Days to contract also show how fast homes are selling.

      Luxury Homes in the Cave Creek Market

      Homes over $1 million often move at a different pace. In fact, higher price ranges usually have fewer buyers. As a result, these homes can take longer to sell. So we track luxury listings separately.

      Where the Data Comes From

      These figures come from the Arizona Regional MLS, also known as ARMLS, through Flexmls. In addition, the report updates on its own every week.

      You can browse current listings on our Cave Creek communities and homes for sale page. Want to know what the numbers mean for your home? Just contact The Holm Group. For town news, visit the Town of Cave Creek website.

      Common Questions About the Cave Creek Market

      Is it a buyer’s or seller’s market? It depends on price range and home type. For example, condos and luxury homes often move at different speeds.

      Are prices going up or down? Trends vary by area. Therefore, look at several weeks of data, not just one.

      How can I see what my home is worth? Our weekly numbers give a big-picture view. However, your home’s value depends on its views, condition and location. So we offer a free, personal analysis of your home in the Cave Creek market.

      Andrew Holm, The Holm Group

      Ask Andrew

      Want a personalized Cave Creek market analysis?

      Every home and neighborhood has its own market conditions. Andrew can explain what current trends mean for your home, your neighborhood and your plans.

      Request a Home Value AnalysisCall 480.206.4265
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